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In three rounds over half a year, XingSi has completed a new round of strategic industry financing

MarsBitNews
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Mars Finance News reported on July 14. Recently, StarSi Semiconductor, which focuses on R&D of baseband chipsets for 5G/6G satellite communications, announced that it has completed a new round of strategic industry financing. This round introduced Xinxun Investment under Shanghai state-owned assets, Zhuzifang Venture Capital under Fuzhou Gulou State Investment, Manbang Group, Xinhua Net Venture Capital, Tongding Group, Boqing Capital, and Shengrong Capital; existing shareholders Langrun Lifang, GGV Capital, and Pianxuan Fund continued to add to their holdings. This is the third round of financing disclosed by StarSi since 2026. The funds from this round will mainly be used to continue advancing the R&D of 6G satellite communications baseband SoC chips, product mass production, and terminal ecosystem development. (VCJia CLUB)
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